Planefag: CONUS Activity- AF2 Kneepads heading west from JBA-LA or SF most likely
AF2 USAF C-32A departed JBA west and looks like she's vanishing for the New Year Holiday weekend to LA or SF, RCH4553 C-17 SW from JBA (4 diggie call sign means VIP equipment coming out of JBA), PAT315 C-26B Condor-Drug ISR AC-landed at Brunswick Executive Airport, ME and Brazilian AF BRS03 Embraer 190 departed Orlando SE after an overnight arriving from Brasilia (capital) and a 2h Boa Vista ground stop-it's heading back to Boa Vista according to it's itinerary, >>18033766 pb Mexican AF FAM3528 737 heading NW from Mex City depart-prolly another pickup in Tijuana-was there yesterday-or mebby Mexicali, FARCE09 C-17 doin' roundies at McGuire AFB and VM314 USMC C-560 SW from JBA
from today
Kamala Harris names Indian-American to National Space Council Advisory Group
Rajeev Badyal was the vice president of satellites at SpaceX
Vice President Kamala Harris has named Indian American Rajeev Badyal to a key national space advisory group, which is tasked to maintain a robust and responsible US space enterprise and preserve space for current and future generations, the White House has said.
Badyal, vice-president of Project Kuiper of Amazon, is among the 30 space experts named by Harris to the National Space Council’s Users Advisory Group (UAG) on December 16.
https://www.tribuneindia.com/news/nation/us-vice-president-kamala-harris-names-indian-american-to-national-space-council-advisory-group-465627
good stuff-got in some trouble late 90's (the big inet attacks)made a bit too much noise about it on the BBS' and know they put me on that list then
Tesla CEO Elon Musk Just Had His First Margin Call for Twitter Loan
Tesla TSLA 8.51% CEO Elon Musk might regret his purchase of Twitter—or at least the way he financed it. Based on the agreement Musk signed with bankers to help fund his Twitter purchase, he has already experienced his first margin call, an obligation to cough up cash or provide more collateral.
Musk, on Wednesday, apparently sent an email to Tesla employees, admonishing them to ignore gyrations in the company’s stock and focus on shipping as many cars as possible as the end of the quarter, and year, approaches. CEO Elon Musk might regret his purchase of Twitter—or at least the way he financed it. Based on the agreement Musk signed with bankers to help fund his Twitter purchase, he has already experienced his first margin call, an obligation to cough up cash or provide more collateral. Tesla didn’t immediately respond to a request for comment about the email.
It may be sound advice to employees given the shares’ recent performance. Coming into Thursday trading, Tesla stock is down about 68% year to date and off about 58% over the past three months. The email isn’t the first piece of investing advice Musk has offered this month. On Dec. 8, Musk suggested investors avoid margin loans when the economic outlook is uncertain. Musk has learned lessons about volatility and margin, having used a $12.5 billion margin lending facility to purchase Twitter.
Tesla didn’t immediately respond to a request for comment about Musk’s borrowings. Tesla executives are allowed to borrow up to 25% of the value of their Tesla stock, using their shares as collateral for the loan. The initial loan-to-value ratio for the $12.5 billion facility that was part of Musk’s Twitter financing, however, had an initial loan-to-value ratio of 20%. That means the $12.5 billion in loans needed to be backed by $62.5 billion of stock collateral.
The initial margin call in that agreement happens when the loan-to-value ratio falls below 35%. Assuming the facility was fully drawn when the Twitter acquisition closed, Musk faced his first call this past week. Tesla stock had to drop about 43% for the loan-to-value ratio to hit 35%. Tesla stock was off 44% from the time of the Twitter purchase when it closed at $125.35 on Dec. 22. Hitting the call level requires Musk to reset the loan-to-value ratio to 25%. There are three options for someone facing a margin call: pay back some of the loan, offer more collateral, or a combination of both. For the Musk loan, he could have paid back about $3.7 billion of the margin facility, put up another $15 billion of Tesla stock to back the loan, or some of both. Musk did sell about $3.6 billion worth of Tesla stock earlier in the month. https://finviz.com/insidertrading.ashx?oc=1494730&tc=7
Maybe he was worried about the margin call, and didn’t want to pledge more Tesla stock. Musk didn’t respond to requests for comments about the stock sale or the margin call. He did say on a Twitter spaces appearance that he was done selling Tesla stock for the coming 18 to 24 months. Musk, according to recent regulatory filings, has about 267 million Tesla shares pledged against margin loans. He holds about 423 million Tesla shares, as well as some management stock options that are vested. Investors get updates on those numbers periodically in Tesla filings with Securities and Exchange Commission.
https://www.barrons.com/articles/tesla-elon-musk-margin-call-twitter-loan-51672328580
https://finance.yahoo.com/quote/TSLA
>>18023738 TSLA- Looking for a Short Squeeze
>>18020637 pb Elon Musk Warns Against Margin Debt on Risk of Market ‘Mass Panic’
>>18034018 pb Cathie Wood Loads Up Another $2M In Tesla While Elon Musk Urges Employees To Look Beyond Stock Plunge
>80 today
dubs and noice
heat gone from here-nowhere near wut it was on Christmas
That wuz nice considering wut e'one going through.
They reported 'record' production earlier this year despite that (Shanghai) being closed for most of it's qtr.
Still got today and tomorrow for a "surprise" announcemnt
>>18033766 pb, >>18035851
Mexican AF 3528 737 began it's descent to Juarez from Mex City depart
Like yesterday at TJ Int'l most likely picking up
current trustee for FTX
>>18036426
decades of control
and massively underfunded by about 70%